Flame goes out on Warwickshire firm that made Olympic torch
The Warwickshire firm which made the 2012 Olympic torch has ceased trading.
Premier Sheet Metal, which made parts for the automotive industry, blamed the downturn in the sector for its downfall.
The firm made the 8,000 Olympic torches used in the relay that signalled the opening of the 2012 Games.
A spokesperson told the BBC: “Following a review of the company’s financial position and cashflow requirements by the company’s advisors, it became apparent that Premier Sheet Metal (Coventry) Ltd could not generate sufficient sales and in turn cash flow to enable it to continue to trade.
“Therefore, very regrettably, and after a period of over 25 years of trading, the decision was taken to commence the process of placing Premier Sheet Metal (Coventry) Limited into liquidation.”